12 August 2019

KWM Advises On World First Wind Farm Project

King & Wood Mallesons (KWM) has acted for the lenders to bring the 244 MW Bango Wind Farm (Bango) project to financial close.

KWM advised Westpac Banking Corporation, Commonwealth Bank of Australia, Oversea-Chinese Banking Corporation Limited and Sumitomo Mitsui Banking Corporation on the $250 million debt facility for the design, construction and operation of the wind farm.

Situated in the NSW Southern Tablelands, Bango is expected to generate enough electricity to power more than 100,000 homes and reduce greenhouse gas emissions by more than 600,00 tonnes every year. It will do this using the GE Cypress 5.3MW turbines, a world-first and the largest onshore wind turbines in production.

The KWM team acting on the deal was led by partner, Claire Rogers. Claire was supported by senior associate, Chris Allfrey, solicitors Priscilla Hetjmanek and Shareen Dhillon and graduate, Lily Rayment.

Commenting on the project Claire said: “We are pleased to have successfully brought Bango Wind Farm to financial close, an innovative project using the world’s largest onshore wind turbines in production that will add an additional 244 MW to the grid.

“Given the uncertainty surrounding renewable energy in Australia at the moment it is great to demonstrate that a strong investment and lender interest still exists in the market,” she continued.

KWM is a leading firm in the renewables space, having recently advised on the financing of the Sapphire Wind Farm and Crudine Wind Farm projects, which were also developed by the same project sponsors.

Media contact

Share on LinkedIn Share on Facebook Share on Twitter Share on Google+
    You might also be interested in

    KWM has acted for a consortium in respect of the partial commercialisation of Landgate’s automated land titling, plan and associated services by the WA Government.

    11 September 2019

    KWM has worked with LO3 Energy and other industry partners to publish the Latrobe Valley Microgrid Feasibility Study.

    11 September 2019

    KWM is acting for a consortium comprised of OPTrust and Infrastructure Capital Group on its bid for Pacific Energy.

    10 September 2019

    KWM has acted for Telstra on its sale of 49 per cent of a new unlisted property trust to a consortium led by Charter Hall.

    29 August 2019

    Legal services for your business

    This site uses cookies to enhance your experience and to help us improve the site. Please see our Privacy Policy for further information. If you continue without changing your settings, we will assume that you are happy to receive these cookies. You can change your cookie settings at any time.

    For more information on which cookies we use then please refer to our Cookie Policy.